Investors & Developers Take Notice - Prime 2.54-Acre Opportunity with 5 Separate Lots! Here's your chance to acquire a rare and lucrative investment opportunity! This property comprises five separate lots totaling 2.54 acres, offering a mostly wooded parcel that presents endless possibilities for development, or custom build projects. Located in a highly desirable area, these lots provide the perfect canvas for residential, subject to zoning approval, making it an ideal choice for builders and investors looking to capitalize on a prime location. One of the lots includes a two-car garage with additional storage space above. The land itself is mostly wooded, providing privacy and natural beauty, while still offering the convenience of being close to all Portland has to offer. Whether you're looking to build multiple homes, develop a small community, or hold the land for future appreciation, this property offers excellent potential for a range of development opportunities. Don't miss out on the chance to invest in one of the area's most promising parcels. Schedule a showing today and explore the endless possibilities this unique property has to offer!
The Best On-Peninsula Buildable Lot Value! Adjacent to Maine Medical and walkable to everything you need for daily life, this remarkably reasonably-priced lot won't last. With commanding westerly views, it doesn't take much to imagine the perfect single-family, multi-family, or condo project. With Rn4 zoning, survey in place, full city utilities at the street and even city approved (Planning Board approved plans tuned over at closing) plans for a 5 unit this is about as streamlined a build as it gets. With Maine's largest employer next door it doesn't take much imagination to realize the appeal and potential.
Level, open lot on Walton Street. Ideal private setting with building envelope to rear of parcel, yet very convenient to Forest Avenue, Stevens Avenue, Deering Center and many city amenities. Purchasers are encouraged to verify their plans with the City of Portland. Public water and sewer are available at the street. Excellent opportunity!
Rare mixed use, corner lot available on Rte 1 in Portland! Located on Veranda St and just off of 295, this location is accessible and convenient. Lot is level and flat. 5,004 sq ft +/-. B1B Zoning encourages ground floor retail/commercial use and residential units above. However, one may decide to build their dream home or developers may be interested in getting a bit more creative. Based on current square footage calculation, build up to 5 units. The LD 2003 could increase number of allowable units by 2.5X if you provide affordable units. It would be tight, but may be the perfect fit for a new 6 unit Multi-Family. Neighborhood amenities include public transit (bus stop right on the corner of Fayette and Veranda), local restaurants (Veranda Noodle Bar, Beals Ice Cream, Monte's), Back Cove, Mackworth Island, and the currently under development, Roux institute. Traffic count must be through the roof.
Rare, elevated lot on Portland's East End. Just off from inner Washington Ave and walkable to bakeries, breweries, bars and boutiques this site is surveyed and ready. Located in Portland's most generous residential zone (R6) there are options, opportunities and just a few limitations. Need inspiration, help with zoning, assistance with designing your dream home or obtaining a permit we got you covered. This is an opportunity to build exactly what you want in one of Maine's most desirable locations. So, come with your dream but come quick.
Spectacular views of Portland Harbor. 26x60 High tide dock and 26x60 boathouse included. water, sewer, and electric on site. Sewer not connected. In the heart of the Island Business Zone. Put your business or residence here.
Opportunity awaits at 20 Fox Street. Buildable lot in the R6 zone on Portland's peninsula. Zoning will allow anything from your single family dream home, or 4 units up to a 45' height. Views of sunsets over back cove await, don't hesitate, land doesn't come along in like this in Portland!
The median home value in Portland, ME is $560,000. This is higher than the county median home value of $470,000. The national median home value is $338,100. The average price of homes sold in Portland, ME is $560,000. Approximately 41.95% of Portland homes are owned, compared to 47.79% rented, while 10.27% are vacant. Portland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Portland real estate agent to arrange a tour today!
Portland, Maine has a population of 68,063. Portland is less family-centric than the surrounding county with 28.1% of the households containing married families with children. The county average for households married with children is 30.7%.
The median household income in Portland, Maine is $66,109. The median household income for the surrounding county is $80,679 compared to the national median of $69,021. The median age of people living in Portland is 36.9 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 10.8 degrees. The average rainfall is approximately 48.9 inches per year, with 61 inches of snow per year.